Zurich Insurance News
Zurich’s Q4 Profit Boosted by One-Time Gains; Greco’s Revamp Strategy Questioned
Zurich Insurance Group AG fell in Zurich trading after posting a quarterly profit supported by one-time gains as Chief Executive Officer Mario Greco presses ahead with an overhaul of Switzerland's ...
Zurich to Slash 240 UK Jobs as Life, General Insurance Arms Combine
Zurich Insurance Group AG plans to slash about 240 jobs in the UK as part of broader efforts to bring its Life and General Insurance division under a single leadership team. Zurich disclosed the new ...
Zurich to Cut Spending on Large Tech Projects as Part of Cost-Saving Plan
Zurich Insurance Group AG, Switzerland's biggest insurer, plans to cut spending on large technology projects as it seeks to reduce costs, according to Chief Risk Officer Cecilia Reyes. "Managing, ...
Supply Chain Risks Are Underinsured in Asia-Pacific Region Despite Disruptions
Six out of 10 organizations in the Asia-Pacific experienced at least one supply chain disruption in the past year, with 1 in 4 incidents costing more than $1 million, according to a survey conducted ...
Benefits of Climate-Related Financial Disclosures
We need to work on a united, collaborative response when it comes to combating climate change, said Zurich Insurance's Cecilia Reyes in a recent blog, expanding on her Dec. 15 Twitter chat on ...
Zurich to Acquire Australian Travel Insurer Cover for $551M
Switzerland's Zurich Insurance Group has agreed to buy Australia's biggest travel insurance provider, Cover-More Group, for A$741 million ($551 million), stepping up its investment in the Australian ...
Zurich Gets Green Light to Renovate and Expand Its Swiss HQ
Zurich Insurance Group said it has gained approval to begin a massive renovation project for its Swiss headquarters, even as the insurer continues a broader, wide-ranging effort to cut costs. ...
Zurich Insurance’s Reunderwriting Starts to Bear Fruit
Zurich Insurance Group's reunderwriting program is starting to bear fruit—as evidenced by the company's improved third-quarter results—but CFO George Quinn readily admits there is still work to ...